"Energy Cuckoo's lost & dreaming in the Woods" it seems:
https://www.stuff.co.nz/business/125...lloons-to-349m
'Never again': cost to taxpayers of Tui oilfield clean-up balloons to $349m
Well who else left standing with a few pennies was there to pay Clean Up bill ?
What taxes, duties, royalties, licence & permit costs were extracted by Govt over the life of the field ?
Obviously not small syphon-offs either that were extracted by Govt
Well that's nice .. a major bit of buck passing and very convenient too - supposedly no-one from Woods' Energy-Less Department bothered to think to open their eyes and do a bit of forward lateral thinking on the real projected clean up costs forward ..
Yeah right..
Aha
That's nice, but really ? All the boys & girls up the back were probably nodding, but..
So what will a little more scrutiny do to change anything, if the encumbent operators / owners are headed down
the gurgler with no dough on a field in it's closing years and no-one fronts to tidy up ?
How many more of these fields are there, where time is going to be up, before Woods & her mates exit the stage ?
Will they have to empty their purse on the Govt front desk on arriving first ?
What happens if none do ?
What happens if none find it economic or have interest looking at end of life fields ?
Where does the buck stop then ?
If Woods' Ministry of Energy-Less were able to do such a good job on this tidy up on the estimates of forward costings, will they do any better on others ?
Sorry .. forgot .. there will be no new fields , no new wells because no-one wants to deal with the current back the
front administration and many explorers are relinquishing their permits etc here hurriedly to depart fast, if they
haven't already aiming to pop up in more exploration friendly territories elsewhere globally
Must be why NZ Energy Explorers are digging in over yonder & further away too ..
Not too far a journey either -- the nearest friendlier territory just happens to be across the ditch - darlings
The levels of Govt squawking on this one are as good as their various Phantom House Building schemes
to date which is yet another portfolio on just which Ministers desk again now ? - right
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